Assistant Vice President - Purchase - Finished Goods

Assistant Vice President / Vice President Purchase (P2P – Finished Goods)

Department: Purchase / Procurement

Function: Procure-to-Pay (P2P) – Finished Goods

Position: Assistant Vice President / Vice President

About the Role

We are seeking an experienced, strategic, and results-driven procurement professional to lead our Purchase (P2P – Finished Goods) function. The ideal candidate will have a strong track record in strategic sourcing, commercial negotiations, vendor development, cost optimization, and supply chain coordination, preferably within the pharmaceutical industry.

The role will be instrumental in ensuring the timely procurement of quality finished goods at competitive prices, driving Gross Contribution (GC) improvement, strengthening vendor partnerships, and enhancing overall procurement efficiency.

Key Responsibilities

1. Strategic Sourcing & Cost Optimization

• Lead strategic sourcing initiatives and commercial negotiations to secure competitive pricing and favorable commercial terms.
• Develop and implement cost optimization strategies to improve procurement efficiency and Gross Contribution (GC).
• Identify opportunities for cost savings, value enhancement, and sustainable procurement practices.

2. Vendor Development & Management

• Identify, evaluate, develop, and qualify new vendors and alternate sources for existing products and new product launches.
• Build and maintain strong vendor relationships to ensure consistent quality, competitive pricing, and reliable supply.
• Monitor vendor performance and drive continuous improvement in service levels and commercial effectiveness.

3. Supply Chain Coordination

• Ensure timely procurement and delivery of finished goods in line with business requirements.
• Manage urgent customer requirements and coordinate with relevant stakeholders to minimize supply disruptions.
• Support inventory planning and coordinate third-party procurement requirements during plant shutdowns.

4. Cross-Functional Collaboration

• Collaborate closely with NPD, Marketing, QA/QC, Regulatory Affairs, Finance, and Supply Chain Management (SCM) teams.
• Align procurement activities with product launch timelines, business priorities, and customer requirements.
• Resolve operational and commercial challenges through effective stakeholder coordination.

5. Quality Assurance & Regulatory Compliance

• Coordinate vendor audits, assessments, and qualification activities in collaboration with relevant departments.
• Address vendor-related quality issues and ensure timely corrective and preventive actions.
• Ensure compliance with applicable pharmaceutical quality standards, regulatory requirements, and departmental SOPs.

6. Process Excellence & Continuous Improvement

• Drive procurement process improvements, packaging innovation, and service-level enhancements.
• Implement initiatives to improve operational efficiency, reduce costs, and strengthen procurement effectiveness.
• Standardize processes and promote best practices across the procurement function.

7. Team Leadership & Development

• Lead, mentor, and develop the procurement team to achieve departmental and business objectives.
• Resolve complex procurement challenges and foster a culture of accountability, collaboration, and continuous improvement.
• Monitor team performance and drive individual and departmental effectiveness.

8. MIS, KPIs & Performance Reporting

• Prepare and present periodic MIS reports, dashboards, and key performance indicators (KPIs).
• Track delivery performance, cost savings, Gross Contribution improvement, vendor performance, and strategic initiatives.
• Provide actionable insights to management to support informed business decisions.

Candidate Profile

• Extensive experience in procurement, strategic sourcing, and finished goods purchasing, preferably in the pharmaceutical industry.
• Demonstrated expertise in commercial negotiations, vendor development, cost optimization, and supply chain management.
• Sound knowledge of pharmaceutical quality standards, regulatory requirements, vendor qualification, and audit processes.
• Strong leadership, analytical, problem-solving, and stakeholder management capabilities.
• Proven ability to drive cost efficiencies, improve operational performance, and deliver measurable business results.
• Excellent communication, collaboration, and team management skills.
• A strategic mindset with the ability to lead cross-functional initiatives and align procurement operations with organizational objectives.

How to Apply

Interested and qualified candidates are invited to share their updated CV at:

Email: [email removed]